Prior to the early 1990s recession in Australia, many defined benefit super funds drew on the expertise of a fund actuary to enhance member outcomes. Has the time now come to reappoint fund actuaries?
How has the COVID-19 pandemic affected Australia’s cause-specific mortality so far in 2021? The Actuaries Institute’s COVID-19 Mortality Working Group has developed a statistical model to predict deaths across several major causes of death, against which actual deaths can be monitored.
The ongoing business disruption caused by COVID-19 has delayed the expected profit recovery for the Australian General Insurance industry, according to Finity’s annual state of the industry report, Optima.
In thinking about how actuaries could bolster their brand in banking, a fellow banking actuary asked an important question – Why does the banking sector need actuaries?
